A CONVERSION COMMERCIAL RESIDENTIAL PROJECT
What might be called an overall pioneer design for the time, the unsurpassed vision of this property's current owner, combined with many months of intensive labor, culminated the successful conversion of this very unique 8-room solid brick school house into an investor's dream ...truly something to talk about!
Strategically located on approximately 5 private acres on Hwy No.2 in Eastern Ontario between Brockville and Kingston, with close accessibility to Hwy. 401 and 2 international bridges, not only was an outstanding 3,500 sq. ft. upscale loft style urban-flavored oasis created to have a very residential feel, but also an additional 6,800 adjoining sq. ft. were successfully converted into leased, office and storage units.
Wanting to maintain the historic character of the building, the current owner converted the original gymnasium to domestic use incorporating architect designed elements, including a functional and fashionable designer kitchen utilizing the utmost quality in appliance, high-end materials and upscale amenities. While all the traditional features of a home are contained, for the most part there are no definitive rooms identified by heavy doors or confined walls, thus presenting the atmosphere of a modern-day loft. Massive industrial sized double height windows visually incorporate the outside with the inside open space enhancing the loft-like environment while providing unparalleled space, light and airy open feel.
Multiple sitting areas throughout offer relaxing agendas, with a breathtaking expansive dining area offering enough flexibility to accommodate everyday living, yet at the same time large enough to effortlessly entertain formal dinner parties and other events, sleek built-in cabinetry accommodates a home office and endless storage. Strategically placed crown moldings, custom-designed trim, splashes of vibrant color, large ceiling fans, indirect lighting, built-in Murphy bed, commercial-designed pellet stove, and original basketball hoops still in place, establish not only elements of warmth but also a chic aesthetic.
After carefully considering the school's aesthetics, the decision was made to compartmentalize the area containing the original birch-hardwood school stage into a comfortable and elegant master bedroom suite with generous storage/recessed lighting showcasing a way to easily create a private retreat from the rest of the home.
The school's washroom/locker room became a welcoming challenge to the creative design process in creating a pampering elegance reminiscent of your own urbanized at-home spa... Natural materials, glass block wall,
claw-foot tub, beautiful lavatories, handsomely crafted high-quality cabinetry, and more enhance this lush, private luxurious area of the home.
A separate entrance and separate attached garage also services the residential area of the building.
Asking Price: $540,000
Legal Description: pt. Lot 16, Conc. #2, Twp. Leeds& The Thousand
Owner: John Simpson
Building Size: 13,000 square feet (on 5 acres)
Taxes: $2,869.06 for 2015
Rental Income: Available to qualified Buyers.
Included in sale: All fixtures, furniture, wall coverings & appliances
shown in photo gallery plus commercial grade zero
turn 72" tractor. Owner to supply list at time of sale.
Excluded from sale: Personal possessions. Owner to supply list at time
Other: Site plan approval in place and on title for
a 30 unit storage building.
Agent Co-op: The owner agrees to pay 3% to selling agent.
IN THE NEWS
This investment opportunity also includes 3 bright open office spaces of approx. 900 square feet each, 3 smaller office units of approx. 200 square feet each, 1 service shop of approx. 900 square feet and 2 large storage units with exterior roll up commercial doors.
There is a center hall entrance that services all of these units and a central shared washroom. Three tenants have promoted there business operations from this site for over 8 years and the site is currently 90% leased.
All approvals are in place and site plan registration for a 30 unit storage building.
This 5 acre rural setting has 454' of road frontage on County Road #2 and the property depth is 500 feet. There are a number of beautiful mature tree's including, white pines, spruce, silver and red maple to mention a few. The two acres of manicured grounds include two large shrub beds with pea stone coverage and concrete lawn curbing and two large flower beds with concrete curbing.
There is a one acre parking area for the tenants which is designed for approx. 40 cars but seldom more than 10 used.
Other features include low-maintenance all-brick exterior, commercial grade oil furnace, approx. 180 feet of indirect lighting, commercial pellet stove, rubber membrane roof with 2 1/2" closed cell roof top insulation and pea stone protection, recent windows, doors, electrical, plumbing, kitchen, vanities,deck, flooring tile: paddock with small barn and approximately 2 fenced acres for horses, highway commercial zoning permitting all the above uses, large paved lot, and much more.
Escott Business Centre
1354 County Rd 2
Mallorytown ON, K0E 1R0